Trump announced Kevin M. Warsh as his Fed chair pick, influenced by Treasury vetting led by Scott Bessent. Warsh’s dovish stance contrasts ...

The RBI had introduced a unified framework in June 8, 2023, for compromise settlements and technical write-offs for all entities such as ba...

Lenders say large- and small-value loan customers have previously falsified data for expanding their borrowing limits. Last year, Can Fin H...

The investigation is examining whether Kabbage and other fintech companies miscalculated how much aid borrowers were entitled to from the P...

“The requests will be registered with a unique reference number and through SMS, customers will be informed to visit their respective India...

Committee suggests solutions for 29 out of 307 sectors assessed. The panel has suggested that the two-year cutoff for the restructuring wil...

Following is the comparison between the previous restructuring schemes and the new Covid-19 related framework.

Lending institutions have been asked to frame board approved policies to implement viable resolution plans for eligible borrowers under thi...

The Reserve Bank of India is spending more time scrutinizing companies’ hedging practices.

If banker think that the move will ring fence them from investigative agencies on being questioned for decision taken today, it won't serve...

EPFO trustees' meet later this month is likely to be a stormy affair as trade unions will raise their voice against the Budget proposal of ...

The law ministry has objected to clauses that deny India the power to invoke arbitration proceedings — a speedy and rather economical mecha...

The idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.

The bank has proposed 30 per cent waiver on principle loan amount to the truck owners and 40 per cent to the barge owners.

Civil Aviation Minister Praful Patel on Tuesday met Prime Minister Manmohan Singh and is understood to have discussed the crisis facing nat...

Raising funds through foreign borrowings may get a tad easier. RBI has eased rules governing such borrowings or external commercial borrowi...

The government has dashed the hopes of Indian companies hoping to raise easy money abroad. A meeting of the high-level committee on ECBs on...